Korea Selected Issues

This Selected Issues paper on Korea provides background information on economic developments and policies, with particular emphasis on 1995–96. Following two years of rapid expansion, led by buoyant investment and exports, economic growth moderated in late 1995 and the first half of 1996. The modera...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1997
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This Selected Issues paper on Korea provides background information on economic developments and policies, with particular emphasis on 1995–96. Following two years of rapid expansion, led by buoyant investment and exports, economic growth moderated in late 1995 and the first half of 1996. The moderation was in response to the earlier tightening of monetary conditions and less favorable short-term export prospects. The slowdown was reflected in a sharp deceleration in final domestic demand, whose contribution to growth fell from 9.1 percent in 1995 to 6.6 percent in the first half of 1996
Physical Description:106 pages
ISBN:9781451822021